Edgewater, AL is located in Baldwin County and is a welcoming small town with plenty of attractions. The average two bedroom rental in Edgewater is significantly less than the usual cost for a two bedroom rental in the US ($930 versus $1,430). The grocery cost index in Edgewater is 90, which is lower than the national average of 100. \nThe local community are served by popular stores such as Piggly Wiggly, Dollar General and CVS Pharmacy. These stores offer similar products to those found nationally but at lower prices due to Edgewater’s lower cost of living. There’s also several local businesses such as AJ's Floor Covering, Inc and Gulf Coast Marine Supply which offer unique products not found elsewhere.
Edgewater has an unemployment rate of 3.8%. The US average is 6.0%.
Edgewater has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Edgewater
- The Sales Tax Rate for Edgewater is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Edgewater is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Edgewater
- The average income of a Edgewater resident is $13,308 a year. The US average is $28,555 a year.
- The Median household income of a Edgewater resident is $128,333 a year. The US average is $69,021 a year.